True Grit

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. True Grit Oil & Gas Property

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Property Summary

Key data points for True Grit

CountyAndrews County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesJul 2015 - Aug 2026
Total Oil Production335,448 BBLs
Total Gas Production150,811 MCF
Recent Oil Production456 BBLs in Jul 2026
Recent Gas Production0 MCF in Jul 2026
Wells on Property1

Our Valuation Estimates for True Grit

ShaleAssessment™

$39,084 *

MarketMultiple™

$62,935 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

True Grit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for True Grit
from Jul 2015 to Aug 2026

Wells on True Grit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47086TRUE GRIT 1HPARALLEL PETROLEUM LLCProducingAndrews County, TX32.517607-102.654978

Leases included in True Grit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-70369TRUE GRITPARALLEL PETROLEUM LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the True Grit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFDec 2025
ApolloGaines County, TX447 BBLs195 MCFAug 2026
AugustusAndrews County, TX673 BBLs317 MCFAug 2026
Block A-34 UnitAndrews County, TX97 BBLs0 MCFAug 2026
CothesAndrews County, TX2,032 BBLs0 MCFAug 2026
DianaAndrews County, TX374 BBLs1,033 MCFAug 2026
HallAndrews County, TX207 BBLs0 MCFAug 2026
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX115 BBLs0 MCFAug 2026
Jet PilotAndrews County, TX329 BBLs0 MCFAug 2026
Jordan, AAndrews County, TX18 BBLs0 MCFJul 2026
Junior VarsityAndrews County, TX0 BBLs0 MCFOct 2025
Lucky TexanAndrews County, TX578 BBLs0 MCFAug 2026
PallasAndrews County, TX745 BBLs752 MCFAug 2026
PolluxAndrews County, TX440 BBLs227 MCFAug 2026
Rio BravoAndrews County, TX694 BBLs0 MCFAug 2026
ScipioGaines County, TX324 BBLs53 MCFAug 2026
ShortesAndrews County, TX714 BBLs0 MCFAug 2026
SimpsonGaines County, TX0 BBLs0 MCFDec 2025
TiberiusGaines County, TX368 BBLs303 MCFAug 2026

Companies in the Area

These are the closest 20 companies operating near the True Grit property.

Company Name
Aroc (Texas) Inc.
Bald Eagle Operating Inc.
Bce-Mach III LLC
Citation Oil & Gas Corp
Coastal Oil & Gas Corp
Free Rein Operating LLC
Grasha, Matthew P.
Jetta Operating Company, Inc.
Lynx Energy Company, Inc.
Lynx Operating Co., Inc.
Meridian Exploration Corp.
Parallel Petroleum LLC
Power Upp Midland 1 LLC
R2Q Operating LLC
Ring Energy, Inc.
Texaco E & P Inc.
Thompson, J. Cleo
Vin Fisher Operating, Inc.
Wood, McShane & Thams
Zarvona Energy LLC

Frac'ing activity on True Grit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-47086TrueGrit 1H
42-003-47086TrueGrit 1H

Owners of True Grit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2026PARALLEL PETROLEUM LLCTRUE GRIT 1HPARALLEL PETRO
2026PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2026PRICE JOE D LLCTRUE GRIT 1HPARALLEL PETRO
2026HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
2026FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
2026FMH FOUNDATION OIL/GASTRUE GRIT 1HPARALLEL PETRO
2026HILCORP MINERALS LLCTRUE GRIT 1HPARALLEL PETRO
Displaying 8 of 322 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on True Grit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70369TRUE GRITJun 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMar 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJan 2026PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITDec 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJun 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMay 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITApr 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITMar 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70369TRUE GRITFeb 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJan 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITDec 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITNov 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITOct 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITSep 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITAug 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70369TRUE GRITJul 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC